Slovakia records record rise in fuel prices

Fuel prices in Slovakia have risen to record levels. RIA Novosti reports about the rise in prices to a historical maximum with reference to the Statistical Office of the European country.

Prices have been rising for the fifth week in a row. The cost of gasoline rose to 1.853 euros per liter, and diesel rose to 1.95 euros.

In total, gasoline prices rose by 21.1 percent, diesel by 33.7 percent. Prime Minister of the Republic Robert Fico proposed limiting the margins of fuel sellers and called on the European Union to hold an extraordinary summit.

Earlier, the Slovak energy company SPP stated that the European Union's decision to abandon gas imports from Russia would result in significant additional costs for the republic, the amount of which could amount to hundreds of millions of euros.

The costs will not only fall on Slovak consumers. We are talking about a ban on the supply of Russian natural gas, which will come into force from the fourth quarter of 2027 in accordance with RepowerEU standards.